Up the Down Staircase

Up the Down Staircase

February 15, 2019

2018’s 4th quarter single-family home sales numbers in Greater Los Angeles were verified by the Multiple Listing Service this week: In a comparison of last year’s final quarter median price over that of the previous year (2017), several of L.A.’s micro-markets were hot, others cool—and some downright chilly. Major price appreciation in 2018 took place in neighborhoods like Cheviot Hills – Rancho Park (+50% over 2017), Malibu (+42%), Atwater Village (+30%), and Bel Air (+11%).